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Dec 8, 2012
12/12
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CNBC
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there's no money in the federal till to bail out detroit, especially after we bailed out gm and chrysler already. >> larry, i say let it fail. i'm sorry. you have. to i want those people to have local control. they fought for that local control. they should have a vote. the citizens of the city of detroit should have a vote. but it should fail when it goes wrong. that's what has to happen. the good news is we've now got in michigan as of yesterday we've got legislation pass today make michigan a right to work state. that's going to have a big impact down the road. >> i like that. i like the failure idea. free market capitalism is about success and failure. and as the great free market capitalist nobel prize winner wrote, of the two, doc, sometimes failure teaches us more than success. i like your point very, very much. all right. doc thompson coming out of detroit, thanks very much. >>> now let's talk about the cuts plan for the federal workforce. with the countdown to the fiscal cliff at 24 days, the "washington post" reporting today that federal agencies are sharpening their plans befo
there's no money in the federal till to bail out detroit, especially after we bailed out gm and chrysler already. >> larry, i say let it fail. i'm sorry. you have. to i want those people to have local control. they fought for that local control. they should have a vote. the citizens of the city of detroit should have a vote. but it should fail when it goes wrong. that's what has to happen. the good news is we've now got in michigan as of yesterday we've got legislation pass today make...
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Dec 11, 2012
12/12
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FOXNEWSW
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chrysler now twice. we see that in the southern states where the transplants are without the unions. they weren't the ones who went bankrupt last -- in 2008 and 2009. so it really is a choice. it's a tough choice. and i sympathize with the unions but the fact is that in the global economy where you have to compete on wages and other elements, of the units of production, can you either have, you know, high wages with low employment or you can, as obama would say, spread around the wealth. the fact is that in the right-to-work states, unemployment is 6.9%. >> we have a graphic that shows right-to-work vs. non-right to work statements on employment, go ahead. >> and in the other stays the non-right-to-work it's 8.7. so you can choose to have fewer workers who enjoy higher inflated unnatural, if you like, wangs on uncompetitive wages. or competitive wages and more people employed. more people with the dignity of a job and less unemployment. more taxation and more activity. i think it's it the right choice bu
chrysler now twice. we see that in the southern states where the transplants are without the unions. they weren't the ones who went bankrupt last -- in 2008 and 2009. so it really is a choice. it's a tough choice. and i sympathize with the unions but the fact is that in the global economy where you have to compete on wages and other elements, of the units of production, can you either have, you know, high wages with low employment or you can, as obama would say, spread around the wealth. the...
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Dec 13, 2012
12/12
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FOXNEWSW
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he made a statement that chrysler was taking the jeeps and going to china with them. that's just wrong. flat-out wrong. >> andrea: by the time the ad came out it was factually correct. >> greg: by the way, if it was a flubb, which -- look, how could it be any worse than accusing mitt romney of murder? >> dana: they actually had to admit they got it wrong. even the people on the left said -- >> bob: can we go back to susan rice for a second. they talk about her being the national security advisor, which does require senator approval. my trend tom donal the current national security advisor, nobody easily pushed around, i think you look at him as potential secretary of state nominee as well. >> eric: what about john kerry? >> dana: holy freddie mac, batman. >> andrea: who is fact checking the fact checkers? how can someone call themselveses a fact checker? so greg, i'm just going to call myself a fact checker right now and say the lie of the year was politifact but it was that romney was wrong to claim spending under obama accelerated at a pace without precedence in his
he made a statement that chrysler was taking the jeeps and going to china with them. that's just wrong. flat-out wrong. >> andrea: by the time the ad came out it was factually correct. >> greg: by the way, if it was a flubb, which -- look, how could it be any worse than accusing mitt romney of murder? >> dana: they actually had to admit they got it wrong. even the people on the left said -- >> bob: can we go back to susan rice for a second. they talk about her being the...
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Dec 10, 2012
12/12
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FBC
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david: now chrysler is an italian car company. the italians, the parent company is going to awful times. quitting because of the sales. is there any possibility. now they are not supposed to do this, but is there any possibility tie-ins will pour some of the profits they're making from chrysler here and use them to pay out the parent company in italy? >> i suppose the possibilities are always there. certainly talking about a global company to the extent you're doing better in one market and then another is always a bit of shifting around. at this point i think north america for all the automakers has really become a strong point. hopefully we can move forward, result in undermining uncertainty and go into a strong 2013 in terms of auto sales. david: the u.s. may be doing well but europe is doing terrible. chief economist, thank you very much, good to see you. it has been a rough year for corporate america with the government fining businesses $1.1 billion in antitrust funds. we have the exclusive details. liz: ever wonder what it
david: now chrysler is an italian car company. the italians, the parent company is going to awful times. quitting because of the sales. is there any possibility. now they are not supposed to do this, but is there any possibility tie-ins will pour some of the profits they're making from chrysler here and use them to pay out the parent company in italy? >> i suppose the possibilities are always there. certainly talking about a global company to the extent you're doing better in one market...
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414
Dec 8, 2012
12/12
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FOXNEWSW
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chrysler said it disagrees with the decision but it wants to move forward. a suspect in texas not letting a little thing like handcuffs. take a look. guy stealing the cop tar while handcuff. see darren douglas porter sneak into the driver's seat after rolling down the rear window which isn't supposed to roll down. cops were talking to one another. and about some store that he allegedly burglarized and 41-year-old abandoned the car a few blocks away. cops are confident they will catch him soon. so he did get away. most viewed youtube video ever and smash hit in the u.s. did the gangnam style rapper once wish death to american soldiers? ♪ gangnam style ♪ >> by the way gangnam is the wealthest area of south korea. back in 2004, rapper psy called for slow and painful death for soldiers in iraq and their families. he has recently apologized and set to perform for the president during a christmas special which tapes tomorrow in washington. an online petition asks that psy be removed from the show but that petition has since been taken down. the president still
chrysler said it disagrees with the decision but it wants to move forward. a suspect in texas not letting a little thing like handcuffs. take a look. guy stealing the cop tar while handcuff. see darren douglas porter sneak into the driver's seat after rolling down the rear window which isn't supposed to roll down. cops were talking to one another. and about some store that he allegedly burglarized and 41-year-old abandoned the car a few blocks away. cops are confident they will catch him soon....
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Dec 12, 2012
12/12
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CURRENT
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>> the irony is yesterday chrysler announced $120 million investment in michigan. 115 new jobs. michigan has helped lead the economic comeback for this country in part because of historic collective bargaining agreements between the detroit three and the united autoworkers. we have a labor management partnership that works. this, as you said was about politics. it was about gutting organized labor and the irony is i work for a labor management fund connected with a laborer's union and we invest almost $5 million a year in apprenticeship and training programs. we operate skilled workers to build complicated infrastructure projects like the governor wants to build in this state. so it will make michigan less competitive. it puts us in a race to the bottom with low-wage, low-skill states, that's bad for our state. >> eliot: tim, you were one of the leaders in the legislature. many of us looking at michigan and think is a state that voted for president obama. just re-elected debbie stabenow to the senate. you are as blue as a state can be. what explains this tension almost this schi
>> the irony is yesterday chrysler announced $120 million investment in michigan. 115 new jobs. michigan has helped lead the economic comeback for this country in part because of historic collective bargaining agreements between the detroit three and the united autoworkers. we have a labor management partnership that works. this, as you said was about politics. it was about gutting organized labor and the irony is i work for a labor management fund connected with a laborer's union and we...
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Dec 12, 2012
12/12
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MSNBCW
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we sat down with ford, general motors, and chrysler, our membership made sacrifices so we could get more economic development, more product, investment. billions of dollars is going into michigan because of unions and collective bargaining helping not just union workers but workers, all workers throughout the state. and you know, chris, and i know, in right to work states, average income is down, average wages is down, not as much pension or retirement security is in union states, less spending on k through 12 education, less spending on infrastructure. why? because workers make less, less tax revenue coming in. right to work is bad for americans. >> why do people like the koch brothers oppose unionization, mr. hagerstrom? >> unions will continue to thrive and to go forward. this gives individuals the right to determine what happens to their hard-earned money. you do not have to give your hard-earned money to a private organization to keep your job. it's that simple. it's that simple. this is going to move michigan forward. it's going to move our state forward, allow us to compete for gr
we sat down with ford, general motors, and chrysler, our membership made sacrifices so we could get more economic development, more product, investment. billions of dollars is going into michigan because of unions and collective bargaining helping not just union workers but workers, all workers throughout the state. and you know, chris, and i know, in right to work states, average income is down, average wages is down, not as much pension or retirement security is in union states, less spending...
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Dec 11, 2012
12/12
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FOXNEWSW
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chrysler isn't even an american company anymore, it's owned by the italians. it has been a colossal disaster, and it's going to continue to be. the unions with their work rules and exceptions and restrictions on workers -- not so much the paycheck. most of the three big japanese makers in the south that are not dominated by unions do not have those work rules, but they pay about the same dollars per hour in many wages. so the wages can be paid, it's the crazy union work rules and defending people who drink on on the job, for example, that cause problems that are running american business out of the country. alisyn: all right. lars larson, leslie marshall, kudos for being able to debate over the cacophony coming out of lansing. >> hey, we didn't have any beeps. >> kick those union thugs out. alisyn: thank you so much. >>> meanwhile, a popular u.s. retailer now under fire for including a series of profanity-laced items in its annual christmas catalog. why they did it. >>> plus, a 6-year-old girl near death from leukemia making a miraculous recovery. up next we'l
chrysler isn't even an american company anymore, it's owned by the italians. it has been a colossal disaster, and it's going to continue to be. the unions with their work rules and exceptions and restrictions on workers -- not so much the paycheck. most of the three big japanese makers in the south that are not dominated by unions do not have those work rules, but they pay about the same dollars per hour in many wages. so the wages can be paid, it's the crazy union work rules and defending...
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187
Dec 13, 2012
12/12
by
CURRENT
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eye 187
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like the daimlerchrysler -- it is not chrysler anymore. it is a daimler plant. just walk in and talk to the management. in fact, i did talk to management. i talked to labor representatives and they talk how they worked together, these last years. he's decided to do is -- the governor, is the opposite. i talked to someone who's a union rep and he goes down to north carolina where there's a plant there, a daimler plant doing the same work. and it is a right-to-work state. >> bill: mmm. >> so they have a t-shirt there and it says "i ride, you pay." >> bill: oh, wow. freeloaders. >> free riders. so people don't have to pay a share of the cost of representation. and participating in that is such a good, american idea. isn't that responsibility? >> bill: of course. if any state exemplifies what can be done when labor and management works together it is michigan and uaw and the big three. as you say. and rick snyder just breaking with that tradition. so congressman, what happens -- i have to say for current tv, this would not have happened if our current tv's jennifer
like the daimlerchrysler -- it is not chrysler anymore. it is a daimler plant. just walk in and talk to the management. in fact, i did talk to management. i talked to labor representatives and they talk how they worked together, these last years. he's decided to do is -- the governor, is the opposite. i talked to someone who's a union rep and he goes down to north carolina where there's a plant there, a daimler plant doing the same work. and it is a right-to-work state. >> bill: mmm....
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Dec 7, 2012
12/12
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CNNW
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it would affect private workers, but also auto workers at ford, general motors and chrysler. this is very big. it does exclude police and firefighters. but this was passed very quickly. this did not go through a committee. it didn't go through public debate. so democrats are calling this a subversion of the legislative process. i want you to take a listen to the auto workers president who was here protesting yesterday and also the governor rick snider. >> to give freedom of choice to our workplace and the legislators prove properly and efficiently and when it arrives on my desk, i plan on signing it. >>. the data and facts from the right to work states show it's right to work for less. it's an effort by the wealthy, by people from the right wing that they want to push wages and benefits down. >> the argument is that it makes the state more competitive and it's going to lead to more jobs, right? >> reporter: right. when you look at the data, what we know is that union workers tepid to make more. pretty significantly more than nonunion workers. a median salary for a union worke
it would affect private workers, but also auto workers at ford, general motors and chrysler. this is very big. it does exclude police and firefighters. but this was passed very quickly. this did not go through a committee. it didn't go through public debate. so democrats are calling this a subversion of the legislative process. i want you to take a listen to the auto workers president who was here protesting yesterday and also the governor rick snider. >> to give freedom of choice to our...
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Dec 12, 2012
12/12
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CSPAN2
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eye 86
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striking then that ford motor company ceo said at the time, and i quote, we believe that if gm and chrysler gone into freefall bankruptcy they would have taken the supply base down and taken the industry down, but maybe turn the u.s. recession into a depression, closed quote. that is a teaching moment about the power of the overall innovative skill set, the supply chain, and what that means for our capacity to compete when the company that would've been left standing thought they might have gone down as well. so, there's so much to say. i want to make these viewpoints, overall perspective, talk a little bit about manufacturing, about research and develop skills, and i'd be very happy to take your questions going forward. [applause] >> we have time for a few questions. i will call on people. if you can wait for christine to come around with a microphone. >> thank you. rob, invest in state we're in manufacturing invested in 20 states. my question goes to innovation funds which you brought it. at which stage are you focusing on? is it with respect to either extension or the startups? then on a
striking then that ford motor company ceo said at the time, and i quote, we believe that if gm and chrysler gone into freefall bankruptcy they would have taken the supply base down and taken the industry down, but maybe turn the u.s. recession into a depression, closed quote. that is a teaching moment about the power of the overall innovative skill set, the supply chain, and what that means for our capacity to compete when the company that would've been left standing thought they might have...
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Dec 10, 2012
12/12
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CSPAN
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ceo alan mulally said at the time, "we believe that if gm and chrysler would have gone into free-fall bankruptcy, they would have taken the supply base down and the industry down and turn the u.s. recession into a depression." that is the teaching moment about the power of the overall innovative skill said, the supply chain, and what that means for our capacity to compete when the company that would have been left standing thought they might have gone down as well. there is so much to say. i wanted to make these viewpoints, overall perspective, talk about manufacturing and research and skills, and i'm very happy to take your questions going forward. [applause] >> i think we have time for a few questions. i will call on people. if you could wait until he comes around with the microphone. >> thank you. aig investments. my question goes to innovation funds, which you brought out. at what stage are you focusing on with respect to either expansion or start-ups? on an execution basis, what is the regional plan as far as national strategy? >> look, i think for those of us in a government job
ceo alan mulally said at the time, "we believe that if gm and chrysler would have gone into free-fall bankruptcy, they would have taken the supply base down and the industry down and turn the u.s. recession into a depression." that is the teaching moment about the power of the overall innovative skill said, the supply chain, and what that means for our capacity to compete when the company that would have been left standing thought they might have gone down as well. there is so much to...
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Dec 13, 2012
12/12
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CSPAN
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eye 131
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and chrysler and we are going to not let those companies go bankrupt. ms. schakowsky: that was a lot of jobs. mr. johnson: we spent $700 billion and it was the united auto workers union that sat down at the negotiating table with big business, worked out what some may call givebacks. it actually gave up some of the benefits that it had signed contracts for with the employer. these are things that actually created the middle class. things like working days, working hours, wages, benefits, retirement. those kinds of things that people would not have had unless they had been represented by a union. and we had strong unions. so those things -- workers were -- gave back in part to make sure that the corporations could maintain or regain stability. and so now just a short three, four, five years later g.m. is back to being the number one carmaker in the world. ms. schakowsky: and all the money has been paid back to the united states treasury. mr. johnson: i think they still owe us a little bit. we still have -- we still have some of g.m. stock, the federal govern
and chrysler and we are going to not let those companies go bankrupt. ms. schakowsky: that was a lot of jobs. mr. johnson: we spent $700 billion and it was the united auto workers union that sat down at the negotiating table with big business, worked out what some may call givebacks. it actually gave up some of the benefits that it had signed contracts for with the employer. these are things that actually created the middle class. things like working days, working hours, wages, benefits,...
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Dec 6, 2012
12/12
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CSPAN2
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and chrysler products. over half of the new york stock exchange, half the fortune 500, being credit card business in our state. the coast of our state is the site of the nation's summer capital, rehoboth beach and a bunch of other places. the letter "c" has been pretty big. people say why do they call you the first state? we're the first colony that threw off the yoke of the british tyranny and at the same time said pennsylvania take a hike, we want to be a state on our own. 225 years from tomorrow to be exact, the first state to ratify the constitution. but we have the best beaches in the country. last year i think there were four or five-star beaches in america, two in delaware. rehoboth and dewey. the best air force base in the world. we have, i think, the finest judiciary, finest judicial system in the state. we have the best financial controls and financial controls and cash management system. we have a triple-a credit rate system. we continue to have that kind of credit rating. we're proud of being fi
and chrysler products. over half of the new york stock exchange, half the fortune 500, being credit card business in our state. the coast of our state is the site of the nation's summer capital, rehoboth beach and a bunch of other places. the letter "c" has been pretty big. people say why do they call you the first state? we're the first colony that threw off the yoke of the british tyranny and at the same time said pennsylvania take a hike, we want to be a state on our own. 225 years...